The Business Bank
Minnetonka, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Business Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,489 | 2,142 |
Income from Lease Financing Receivables | — | 4 |
11 | 21 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 5 | 10 |
Income on Loans and Leases (TE) | 1,494 | 2,170 |
Investment Interest Income (TE) | 65 | 282 |
Total Interest Income (TE) | 1,577 | 2,522 |
Total Interest Expense | 185 | 299 |
Net Interest Income (TE) | 1,392 | 2,211 |
Non-Interest Income | 8,772 | 397 |
Adjusted Operating Income (TE) | 10,164 | 2,659 |
Non-interest Expense | 9,777 | 1,819 |
Provision for Loan & Lease Losses | 30 | 61 |
Pretax Operating Income (TE) | 357 | 732 |
Pretax Net Operating Income (TE) | 357 | 755 |
Applicable Income Taxes | 138 | 38 |
Net Operating Income | 208 | 633 |
Net Income | 208 | 633 |
Cash Dividends Declared | — | 360 |
Retained Earnings | 208 | 237 |